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(Wireless-NewsWire.Com, February 16, 2019 ) Satellite-based Automatic Identification Systems is a very high frequency automatic tracking system that provides location information to ships and shore stations through electronic exchange of data regarding positions, identification, course and speed. It allows two-way communication through satellite communication technology. This identification system is generally by maritime to avoid collision, for search and rescue operations, environmental monitoring and maritime intelligence applications.
Surging demand for better identification system in maritime due to increasing maritime traffic is fueling the growth in the satellite-based automatic identification systems market, whereas high cost associated with the replacing of satellites at the end of its service life can be a restraining factor in the market. Major trend which is boosting the market of satellite-based automatic identification systems is the use of AIS tools for new marine transportation applications, which will bring new opportunities in the market in the coming years.
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The Satellite-Based Automatic Identification Systems Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Top Companies profiled in this report includes, StormGeo, ExactEarth, Iridium Communications, ORBCOMM, Saab, Thales, New JRC, Furuno Electric, Garmin International and Raytheon.
After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study. As leading companies take efforts to maintain their dominance in the global Satellite-Based Automatic Identification Systems market, the right way to do so is by adopting new technologies and strategies. The report highlights major technological developments and changing trends adopted by key companies over a period of time. For a stronger and more stable business outlook, the report on the global market carries key projections that can be practically studied.
Satellite-Based Automatic Identification Systems Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
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The report provides information on the technological advancements that are bound to take place in the coming years or are currently taking place in the market. Furthermore, the opportunities and threats faced by the main player’s dominant in the Global Satellite-Based Automatic Identification Systems market have been highlighted. This report covers the market from the bottom line, starting from its definition. Later, it segments the market on various criteria to give a depth of understanding on the various product types and pricing structures and applications. Each and every segment is examined carefully by factoring in sales, revenue and market size in order to understand the potential of growth and scope.
The Insight Partners
Sameer Joshi
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sam@theinsightpartners.com
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